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VA turns to CVS to help improve patient access

WOONSOCKET, R.I. — MinuteClinic has announced a new initiative with the Department of Veterans Affairs Palo Alto Health Care System to expand access to health care services for veterans in Northern California. Through this initiative, more than 60,000 veterans enrolled in the VA Palo Alto HCS can now be referred to MinuteClinic for acute health

Thrifty White expands specialty pharmacy pact

Thrifty White expands specialty pharmacy pact

PLYMOUTH, Minn. — Thrifty White Pharmacy and Diplomat Pharmacy have expanded their current specialty pharmacy agreement to include Thrifty White’s affiliated pharmacies. Thrifty White said Tuesday that the new program with Flint, Mich.-based Diplomat, the nation’s largest independent specialty pharmacy, enables its affiliated pharmacies to provide full-service specialty medication support — including 24/7 pharmacist access

FDA works to speed generic drug approvals

FDA works to speed generic drug approvals

WASHINGTON — Amid calls for a quicker approval process, the Food and Drug Administration last year cleared for market the most generic drug products in its history. The FDA said it approved or issued tentative approvals for more than 700 generic drugs in 2015. The announcement may help to blunt criticism from some federal legislators

Former Walgreens exec Curtin to join Coty

Former Walgreens exec Curtin to join Coty

NEW YORK — Shannon Curtin, former group vice president of beauty and personal care at Walgreen Co., is joining Coty Inc. as senior vice president for North America. Coty said Friday that Curtin will assume her new position after the completion of the company’s merger with Procter & Gamble Specialty Beauty. In the interim, she

Fagen Pharmacy shows ability to bounce back

Fagen Pharmacy shows ability to bounce back

DEMOTTE, Ind. — Fagen Pharmacy was able to overcome obstacles stemming from a devastating fire by rebuilding and reopening its North Valparaiso, Ind., pharmacy in September 2015. “We had so much community support behind us that it kept us going through all the challenges,” comments founder, president and chief executive officer Gerald Fagen. Last year

Fruth gains flexibility via store-in-a-store format

Fruth gains flexibility via store-in-a-store format

  POINT PLEASANT, W.Va. — Fruth Pharmacy ventured into a new business model last year by opening three small-format stores. “This store-within-a- store model features a small Fruth Pharmacy inside of a FoodFair, a regional grocery chain,” comments, Lynne Fruth, chairman and president of the drug chain, which has 29 locations in West Virginia, Ohio

MTM helps set Aurora Pharmacy apart

MTM helps set Aurora Pharmacy apart

ELM GROVE, Wis. — Pharmacists for Aurora Pharmacy are actively involved in providing medication therapy management services to a diverse group of patients. “Aurora Pharmacy set another record in 2015 in terms of number of services provided across the different MTM programs,” says John Gates, vice president of Aurora retail pharmacies. “This includes the day-to-day

Kinney Drugs sharpens health, wellness focus

Kinney Drugs sharpens health, wellness focus

GOUVERNEUR, N.Y. — At Kinney Drugs, last year marked the launch of a new wellness format, Good for You Health + Wellness by Kinney Drugs, and the debut of Circle of Care Pharmacy Services, the rollout of which continues in 2016. “This new format underscores our commitment to health and wellness and the total store

Balancing drug cost vs. access a challenge

Balancing drug cost vs. access a challenge

PARSIPPANY, N.J. — Growth in spending on medicines dipped last year, but that hasn’t eased the challenge of balancing access to drugs and the cost of care in an era of innovative but more expensive treatments, according to the IMS Institute for Healthcare Informatics. For the second year, medication spending climbed by double digits in

Pfizer, Allergan call off $160 billion merger

Pfizer, Allergan call off $160 billion merger

NEW YORK — Pfizer Inc. said Wednesday that its merger agreement with Allergan PLC has been terminated by mutual agreement, a decision driven by the Treasury Department’s announcement of new rules intended to undercut this type of tax inversion deal. The move is a major victory for the Obama administration in its campaign against inversions,

Sales rise in 2Q at Walgreens Boots Alliance

Sales rise in 2Q at Walgreens Boots Alliance

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) reported double-digit revenue growth for its fiscal 2016 second quarter, with adjusted earnings per share topping Wall Street’s consensus forecast. WBA said Tuesday that second-quarter sales climbed 13.6% to $30.18 billion from $26.57 billion a year earlier. The gain stemmed largely from the full consolidation of Alliance Boots

Prescription drug costs keep rising

Prescription drug costs keep rising

WASHINGTON — Inflation in medication costs eased last year due to spending controls and fewer new blockbusters, although there are still numerous cases of sticker shock. Spending on prescription drugs rose 5.2% in 2015, including the effects of rebates, driven by an 18% increase in specialty drugs, noted Express Scripts Holding Co. in a recent

Prescription drug abuse bill gets Senate approval

ARLINGTON, Va. — The Senate has passed the Ensuring Patient Access and Effective Drug Enforcement Act of 2016 (S. 483), legislation that has the support of the National Association of Chain Drug Stores. The bill would advance collaboration among health and enforcement authorities to achieve drug abuse solutions that maintain patients’ legitimate access to medications.

Walmart appoints VP, health transformation

BENTONVILLE, Ark. — Marcus Osborne has been named vice president of health and wellness transformation at Walmart. Osborne, who had served as vice president of health and wellness payer relations, will report to George Riedl, the company’s senior vice president of health and wellness. In his new position, Osborne will be focused on driving the

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